Nonprofit · EIN 87-3930773
THE DENOVO INITIATIVE
Tax-exempt · PORTLAND, OR 97229
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,030,264 | $2,241,903 | -$1,211,639 | $18,586,234 | $157,588 | $18,428,646 |
| December 31, 2023 | 990-PF | $305,421 | $1,939,026 | -$1,633,605 | $18,992,139 | $145,982 | $18,846,157 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $445,375
- Net gain from sales of assets
- $556,993
- Other income
- $27,896
Expenses
- Grants and similar amounts paid
- $911,393
- Compensation of officers, directors and key employees
- $532,136
- Salaries, compensation and benefits (total)
- $191,331
- Disbursements for charitable purposes
- $2,005,297
- Excise tax on investment income
- $17,998
Balance sheet and other
- Total assets, start of year
- $18,992,139
- Total assets, end of year
- $18,586,234
- Total liabilities, end of year
- $157,588
- Net assets, end of year
- $18,428,646
- Fair market value of assets
- $18,586,234
- Qualifying distributions
- $2,290,297
- Net investment income
- $1,493,289
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JANICE FINLEY 4804 NW BETHANY BLVD STE I-2 246, PORTLAND, OR 97229 | CFO | 40 | $180,712 | $48,660 |
| DAWN BONDER 4804 NW BETHANY BLVD STE I-2 246, PORTLAND, OR 97229 | PRESIDENT & CEO | 40 | $175,712 | $67,008 |
| SUSAN POTTER 4804 NW BETHANY BLVD STE I-2 246, PORTLAND, OR 97229 | HEAD OF BUSINESS AFFAIRS & GC | 40 | $175,712 | $58,664 |
| MARCI WISEMAN 4804 NW BETHANY BLVD STE I-2 246, PORTLAND, OR 97229 | CHIEF OF CONTENT Highest-paid employee | 40 | $175,712 | $46,982 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARCI WISEMAN 4804 NW BETHANY BLVD STE I-2 246, PORTLAND, OR 97229 | CHIEF OF CONTENT Highest-paid employee | 40 | $200,809 | $43,210 |
| JANICE FINLEY 4804 NW BETHANY BLVD STE I-2 246, PORTLAND, OR 97229 | CFO | 40 | $172,344 | $34,117 |
| DAWN BONDER 4804 NW BETHANY BLVD STE I-2 246, PORTLAND, OR 97229 | PRESIDENT & CEO | 40 | $167,344 | $45,183 |
| SUSAN PORTTER 4804 NW BETHANY BLVD STE I-2 246, PORTLAND, OR 97229 | HEAD OF BUSINESS AFFAIRS & GC | 40 | $167,344 | $42,907 |
Address and contacts
- Address (IRS master file)
- 4804 NW BETHANY BLVD STE I-2 246, PORTLAND, OR 97229-9195
- In care of
- % DAWN BONDER
- Signed the 990-PF
- DAWN BONDER, CEO
- Phone
- (360) 607-1247
- Website
- WWW.DENOVOINITIATIVE.ORG
- Return prepared by
- MOSS ADAMS LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 87-3930773
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $18,586,234
- Income (IRS master file)
- $4,591,657
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,030,264 | $2,241,903 | $18,586,234 | IRS |
| 990-PF | December 2023 | $305,421 | $1,939,026 | $18,992,139 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-3930773).
Questions about THE DENOVO INITIATIVE
- What is the EIN of THE DENOVO INITIATIVE?
- The employer identification number (EIN) of THE DENOVO INITIATIVE is 87-3930773.
- Is THE DENOVO INITIATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to THE DENOVO INITIATIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE DENOVO INITIATIVE file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE DENOVO INITIATIVE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE DENOVO INITIATIVE last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE DENOVO INITIATIVE?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $180,712 (JANICE FINLEY, CFO).
- How much revenue does THE DENOVO INITIATIVE have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,030,264, expenses of $2,241,903 and total assets of $18,586,234 at year end.
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All nonprofits in PORTLAND · Oregon · Philanthropy, voluntarism and grantmaking foundations